Renovation Loans

ELIGIBILITY

To qualify for a loan, the following criteria must be met:

  1. Unit must be a minimum of 5 years old from construction date.

  2. Unit must be a minimum of 5 years old from construction date.

  3. Applicant must be of the age of majority.

  4. Applicant must own the house and lot upon which the renovation is to be made.

  5. Use the residence as their permanent residence for the duration of the loan commitments.

  6. All loans must be guaranteed by land collateral (CP).

HOMEOWNER MUST SUBMIT A COMPLETE APPLICATION, CONSISTING OF:

Housing Application -Filled out & signed.

Submit two complete estimates for all repairs requested.

From your estimates, list your selection of accepted bids including total cost.

Must have certificate of possession to accompany application.

Demonstrate ability to pay.

PLEASE ENSURE ALL SECTIONS OF APPLICATION ARE COMPLETE

Deadline for Application:

ON-GOING

Please call Housing @ 519-627-1481 to request an application

  • * Please drop off completed
    Applications at the
    GOVERNANCE OFFICE **

  • Housing will help assist or direct individuals on how to complete the application.